Xinjiang East Universe (Group) Gas Co (SHSE:603706) Days Payable: 49.15 (As of Mar. 2026) — 44% Below Median

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SHSE:603706 Xinjiang East Universe (Group) Gas Co Ltd SHSE:603706
91 GF Score
Price ¥18.29
GF Value ¥18.86
Valuation Fairly Valued
! 1 Warning Sign
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What is Xinjiang East Universe (Group) Gas Co Days Payable?

Xinjiang East Universe (Group) Gas Co SHSE:603706 +0.72% 91 Days Payable is 49.15 as of Mar. 2026, which is 44% below its 10-year median of 87.57. GuruFocus rates SHSE:603706 with a GF Score™ of 91/100 and a GF Value™ of ¥18.86 (Fairly Valued). The stock has 1 warning sign investors should review. Among 482 Utilities - Regulated companies, Xinjiang East Universe (Group) Gas Co ranks worse than 52.28% on this metric.

Xinjiang East Universe (Group) Gas Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥178 Mil. Xinjiang East Universe (Group) Gas Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥330 Mil. Hence, Xinjiang East Universe (Group) Gas Co's Days Payable for the three months ended in Mar. 2026 was 49.15.

The historical rank and industry rank for Xinjiang East Universe (Group) Gas Co's Days Payable or its related term are showing as below:

SHSE:603706' s Days Payable Range Over the Past 10 Years
Min: 43.53   Med: 87.57   Max: 125
Current: 66.74

During the past 12 years, Xinjiang East Universe (Group) Gas Co's highest Days Payable was 125.00. The lowest was 43.53. And the median was 87.57.

SHSE:603706's Days Payable is ranked worse than
52.28% of 482 companies
in the Utilities - Regulated industry
Industry Median: 70.105 vs SHSE:603706: 66.74

Xinjiang East Universe (Group) Gas Co's Days Payable declined from Mar. 2025 (67.62) to Mar. 2026 (49.15). It may suggest that Xinjiang East Universe (Group) Gas Co accelerated paying its suppliers.


Xinjiang East Universe (Group) Gas Co Days Payable Related Terms


Xinjiang East Universe (Group) Gas Co Days Payable Historical Data

* Premium members only.

The historical data trend for Xinjiang East Universe (Group) Gas Co's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Xinjiang East Universe (Group) Gas Co Days Payable Chart

Xinjiang East Universe (Group) Gas Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.69 80.97 96.30 84.33 95.28

Xinjiang East Universe (Group) Gas Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 67.62 100.15 113.43 48.84 49.15

SHSE:603706 vs ATO, NI: Days Payable Comparison

For the Utilities - Regulated Gas subindustry, Xinjiang East Universe (Group) Gas Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Xinjiang East Universe (Group) Gas Co Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Xinjiang East Universe (Group) Gas Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Xinjiang East Universe (Group) Gas Co's Days Payable falls into.


SHSE:603706
91GF Score
Xinjiang East Universe (Group) Gas Co Ltd SHSE:603706
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Xinjiang East Universe (Group) Gas Co Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Xinjiang East Universe (Group) Gas Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (285.316 + 206.61) / 2 ) / 942.21*365
=245.963 / 942.21*365
=95.28

Xinjiang East Universe (Group) Gas Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (206.61 + 148.772) / 2 ) / 329.913*365 / 4
=177.691 / 329.913*365 / 4
=49.15

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 49.15 mean?
Xinjiang East Universe (Group) Gas Co (SHSE:603706) has a Days Payable of 49.15 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Xinjiang East Universe (Group) Gas Co and its competitors. This is 44% below median its historical median of 87.57. Over the past decade, Xinjiang East Universe (Group) Gas Co's Days Payable has ranged from 43.53 to 125.00. According to the industry distribution chart, Xinjiang East Universe (Group) Gas Co ranks #252 out of 482 companies in the Utilities - Regulated industry, placing it in the top 52.3%.
Is Xinjiang East Universe (Group) Gas Co's Days Payable too high?
Xinjiang East Universe (Group) Gas Co's current Days Payable of 49.15 is 44% below median its 10-year median of 87.57. Over the past 10 years, this metric has ranged from a low of 43.53 to a high of 125.00. The Utilities - Regulated industry median Days Payable is 70.11. Xinjiang East Universe (Group) Gas Co's value of 49.15 is 29.9% below this industry median. Based on the distribution chart, Xinjiang East Universe (Group) Gas Co ranks #252 out of 482 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Xinjiang East Universe (Group) Gas Co has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Xinjiang East Universe (Group) Gas Co's Days Payable compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Xinjiang East Universe (Group) Gas Co ranks #252 out of 482 companies for Days Payable. This places Xinjiang East Universe (Group) Gas Co in the lower half of its industry. The industry median Days Payable is 70.11. Xinjiang East Universe (Group) Gas Co's value of 49.15 is 29.9% below this benchmark. Historically, Xinjiang East Universe (Group) Gas Co's own Days Payable has ranged from 43.53 to 125.00 over the past decade. While the company's 10-year median is 87.57 vs. the industry median of 70.11, Xinjiang East Universe (Group) Gas Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.11, based on 482 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Xinjiang East Universe (Group) Gas Co's current Days Payable of 49.15 is 29.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Xinjiang East Universe (Group) Gas Co and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xinjiang East Universe (Group) Gas Co's current Days Payable is 49.15, which is 44% below median its own 10-year median of 87.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xinjiang East Universe (Group) Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Xinjiang East Universe (Group) Gas Co (SHSE:603706) is currently considered Fairly Valued. The stock's GF Value™ is ¥18.86, compared to a current price of ¥18.29 — trading 3% below its estimated fair value. The current Days Payable is 49.15, which is 44% below median its 10-year median of 87.57 and 29.9% below the Utilities - Regulated industry median of 70.11. Xinjiang East Universe (Group) Gas Co's overall GF Score™ is 91/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Xinjiang East Universe (Group) Gas Co (SHSE:603706), the current Days Payable is 49.15 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Xinjiang East Universe (Group) Gas Co (SHSE:603706) Overvalued in 2026?

Based on GuruFocus' analysis, Xinjiang East Universe (Group) Gas Co stock appears to be undervalued. The current stock price of ¥18.29 is trading 3% below its estimated GF Value™ of ¥18.86. GuruFocus considers Xinjiang East Universe (Group) Gas Co to be Fairly Valued.

Key valuation signals for SHSE:603706:

  • Days Payable: 49.15 (44% below median its 10-year median of 87.57)
  • GF Value™: ¥18.86 vs. price of ¥18.29 (3% below fair value)
  • GF Score™: 91/100 with 1 warning sign
  • Industry Position: 29.9% below the Utilities - Regulated median (#252 of 482)

No single metric tells the full story. See the SHSE:603706 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xinjiang East Universe (Group) Gas Co Business Description

Address No. 198 Yan'an North Road, 24th Floor, Changji Prefecture, Changji City, CHN, 831100
Xinjiang East Universe (Group) Gas Co Ltd offers gas supplying services. It offers car gas products, residents living gas products, industrial gas products, commercial gas products and other gas equipment installation services.
91GF Score

Get the complete analysis for SHSE:603706

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥18.29
Price
¥18.86
GF Value